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Caixin Global
Caixin Global
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Editorial: How to Best Understand an Economic Recovery’s Ups and Downs

Workers produce electronics for a tech company in Fuzhou, East China’s Fujian province, on Wednesday. Photo: VCG

How to accurately identify the features of China economic recovery thus far has been clarified by the Communist Party of China’s (CPC) top decision-making body. Recently, the Politburo of CPC Central Committee met to analyze the current economic situation and plan the economic work for the second half of the year. “After a stable transition of epidemic control, economic recovery is a process of wave-like development and twisty progression,” the Politburo said.

This assertion, which serves as a significant guide to clearly understanding the complex situation of China’s current economy, overcoming a lethargic mentality and pessimistic thinking, and promoting a resolute and vigorous attitude to return the economy to the right track, deserves careful consideration.

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